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Study the following case/situation and express your opinion. Mr. Z is a member of Institute of Company Secretaries of India: - Secretarial Practice

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Question

Study the following case/situation and express your opinion.

Mr. Z is a member of Institute of Company Secretaries of India:

(a) Can Mr. Z be appointed as pro-tem Secretary of LMN Ltd. which is under formation?

(b) Can Mr. Z work as a secretarial Auditor?

(c) Mr. Z wishes to be employed as whole time Secretary in companies ABC Ltd. and OPC Ltd. Is he allowed?

Short/Brief Note
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Solution

(a) Mr. Z can be appointed as pro-tem Secretary of LMN Ltd. as he is a member of the Institute of Company Secretaries of India (ICSI).

(b) Mr. Z can work as a secretarial auditor as he is a member of ICSI, holding a certificate of practice.

(c) Mr. Z is not allowed to work as whole time Secretary in Companies ABC Ltd. and CFO Ltd. This is because the whole time secretary cannot hold office in more than one company.

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Key Managerial Personnel (KMP)
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Chapter 6: Directors and Key Managerial personnel of a company - EXERCISES [Page 100]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 3. 2) | Page 100

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